UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

DOVER CORPORATION

(Exact Name of Registrant as Specified in Charter)

Delaware		1-4018		53-0257888
(State or other Jurisdiction		(Commission File Number)		(I.R.S. Employer
of Incorporation)				Identification No.)

280 Park Avenue, New York, NY				10017
(Address of Principal Executive Offices)				(Zip Code)

(212) 922-1640
(Registrant’s telephone number, including area code)

Not Applicable
(Former Name or Former address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o		Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 25, 2008, Dover Corporation (the “Company”) announced that Robert A. Livingston, 55, has been promoted from President and Chief Operating Officer to President and Chief Executive Officer of the Company and has been appointed a director of the Company effective December 1, 2008. Mr. Livingston has been President and Chief Operating Officer of the Company since July 1, 2008. Before then, he held various positions with Company subsidiaries for the past 25 years.

The Company also announced that Ronald L. Hoffman, 60, the Company’s current Chief Executive Officer, will retire from that position and as a Director of the Company effective November 30, 2008.

These actions reflect a management transition that was announced by the Company in June of this year.

Item 9.01 Financial Statements and Exhibits

(d)

Exhibits

     The following exhibit is filed as part of this report:

99.1

Press release of Dover Corporation, dated November 25, 2008.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: November 25, 2008		DOVER CORPORATION
		(Registrant)
		By: Name:		/s/ Joseph W. Schmidt   Joseph W. Schmidt
		Title:		Vice President, General Counsel & Secretary

EXHIBIT INDEX

Number				Exhibit
	99.1			Press release of Dover Corporation, dated November 25, 2008.

Exhibit 99.1

FOR IMMEDIATE RELEASE

CONTACT:		READ IT ON THE WEB
Paul Goldberg		http://www.dovercorporation.com
Treasurer & Director of Investor Relations
(212) 922-1640

DOVER NAMES ROBERT A. LIVINGSTON CHIEF EXECUTIVE OFFICER AND
RONALD L. HOFFMAN RETIRES

New York, NY, November 25, 2008 — Dover Corporation (NYSE:DOV) announced today that Robert A. Livingston, 55, has been named Chief Executive Officer and elected to the Board of Directors, effective December 1, 2008. The company also announced that Ronald L. Hoffman, 60, Dover’s current Chief Executive Officer, will retire effective November 30, 2008. These actions reflect an orderly management transition that was first announced by Dover in June of this year.

Mr. Livingston said, “I look forward to leading Dover, and building upon its solid foundation of world-class businesses and operational excellence. Working with the executive management team, I am confident we can leverage our leadership position and drive significant synergies, delivering superior shareholder value through improved performance and strategic capital allocation initiatives. I also want to personally thank Ron Hoffman for his many years of dedicated service to Dover.”

Mr. Hoffman stated, “I am delighted that Bob Livingston will serve as Dover’s sixth CEO and am confident that his proven track record will serve all Dover stakeholders well in the coming years. I am very proud of the significant improvements my management team has implemented, including PERFORMANCECOUNTS and the portfolio reconfiguration, which have resulted in meaningful positive changes to Dover’s performance and competitive position. I have had a very rewarding career at Dover and, as I look forward to retirement, I leave Dover knowing that the company is on solid footing and in very capable hands.”

James L. Koley, Dover’s Chairman of the Board, added, “I am extremely pleased that Bob Livingston has been selected as Dover’s next Chief Executive Officer. After a comprehensive internal and external evaluation process, Bob clearly emerged as the person best qualified to lead Dover’s future growth. The Board is excited at the prospect of Bob’s leadership and is fully supportive of his vision for the future. We would also like to thank Ron for his years of service to Dover and wish him a long and happy retirement.”

Mr. Livingston has been with Dover for 25 years and has been President and Chief Operating Officer of Dover Corporation since June 2008. Prior to that, he served in a variety of roles, most recently as Dover’s Engineered Systems President and Chief Executive Officer.  Within Engineered Systems, he managed the Product Identification

and Engineered Products platforms. Before that, Mr. Livingston was President and CEO of Dover Electronics and was President of Vectron from 2001 to 2004. Before that, he was Executive Vice President of Dover Technologies with primary responsibility for the Specialty Electronics Components companies and previously served Dover Technologies as its Chief Financial Officer. Mr. Livingston joined Dover with the acquisition of K&L Microwave in 1983 and has a B.S. in Business Administration from Salisbury University.

Dover Corporation, with over $7.5 billion in annual revenues, is a global portfolio of manufacturing companies providing innovative components and equipment, specialty systems and support services for a variety of applications in the industrial products, engineered systems, fluid management and electronic technologies markets. For more information, please visit www.dovercorporation.com.